2025 is starting off with new highs and lows from the get-go! It’s going to be an interesting year. As you know, our active inventory has been steadily climbing the last few years. Our January inventory is 5,180 which is up 30% over 2024. This is the highest our inventory has been since February 2011. … More 2025 Brevard County Real Estate Trends: Inventory Surge & Sales Insights
We are seeing numbers in our housing market that haven’t been seen since 2011. Active inventory continues to rise. We broke the 5,000 level; something we have not seen since March 2011. Another number we haven’t seen in a while is sales under 800 properties in a month … More Florida Housing Market Freeze
If you have been wondering when the right to Buy a house is…Your time is here. Active inventory is up 17% from the beginning of the year. New property on the market is up 24% over the 1st half of 2023. Days on market is up 41% over the 1st half of 2023. Bank Owned sales are up 20%. … More BUYERS YOU SHOULD STOP WAITING
We are seeing some records being set in 2024.
Inventory is the highest we have since 2011
New inventory is the highest I have ever seen (25% more property coming on the market than last year)
It is taking longer to sell a property this year. Days On Market are up 35%
Our months supply of property is up 68% over last year … More April 2024 Housing Market Update
Seller’s are realizing this is no longer the hyper-active Sellers Market that we were experiencing from 2020-2023. Price matters. The condition of your property matters. Buyers have choices as they enter our housing market. We had our 5th month in a row with under 1000 sales in Brevard County. We also had more prices changes… … More February 2024 Housing Market Update
How’s the market? New Year…will we also have a new housing market??? Trends from the 4th quarter are still hanging out…active inventory still rising…sales still lagging…we are seeing a few things that we haven’t seen in years…like a 5 month supply of property for Brevard County. We have entered into a balanced housing market as expected with the new year. … More What’s Really Happening In Our Housing Market?
The 2023 housing market has had an interesting year. Predictions by many people were that the market was going to crash with interest rates breaking through the 8% mark and insurance skyrocketing in Florida. The crash hasn’t happened yet. But here are some of the changes we saw in our market: … More Will Home Prices Drop In 2024?
There are a lot of people looking for a housing market crash. Even though I am not a doomsday predictor, I am seeing signs it might be coming in one area of our housing market…Beachside Condos. … More November 2023 Housing Market Update
October sales are in the books, it is time to take a deep dive into the numbers to see what changes are happening in our housing market. Looks like we are going back in time to our 2018/2019 housing market. Is this really a good thing? … More Housing Market Update October 2023
We are ¾ of the way through 2023 and the best way to describe our market is frozen… stifled…dormant…lethargic…stagnant…stalemat…jammed up…Has the cost of homeowners insurance and high interest rates had an effect on the Florida real estate market? … More Florida Real Estate: Buckle Up!!
Cocoa Beach Insider 